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Aria Systems Celebrates Surpassing Fifty Customer Win / Implementation Milestone

Aria has further solidified and enhanced its market leader role in the Software-as-a-Service (SaaS) billing space.

Philadelphia, Pa. - July 22, 2008 — Aria Systems Inc., the industry standard and leading provider of on-demand billing and customer lifecycle management solutions, announced that it has just surpassed the milestone of fifty clients, putting the company in the strongest financial position in its history while further solidifying and enhancing its market leader role in the Software-as-a-Service (SaaS) billing space.

Having built and implemented its customer base steadily, in a considered, fiscally responsible manner, over its five year history in the market — and as the only player to have served the market nearly this long — Aria Systems sees its growth accelerating as the market for on-demand subscriptions grows.

Clients from industries such as SaaS, gaming, telecom, and even non-profit organizations, have endorsed the breadth and depth of the Aria Systems solution, including latest client Phase 2. “Finding the best billing provider has been a high priority for Phase 2,” said CEO Kevin Doherty. “Scaling a SaaS business to more than a few dozen customers requires a solution like Aria’s that integrates sophisticated billing with end-to-end customer lifecycle management. Aria’s platform was designed to meet the unique needs of subscription-based models which is highly relevant to the success of SaaS businesses like PHASE 2.”

“We are extremely pleased with the base of businesses that increasingly turn to us for subscription billing and customer life cycle management solutions,” said Edward Sullivan, president & CEO, Aria Systems. “And, as the pioneer of the SaaS billing space, it is exciting and gratifying to see the realization of the vision we had in 2003 as large sectors of the enterprise space increasingly turn to the SaaS billing model. Even the number of competitors we have recently attracted to the space confirm that on-demand billing’s time has come. These newcomers’ lack of experience can mislead or confuse the market at times, but ultimately they help us and our growth as customers seek mature, proven — they even tell us ‘non-risky’ — solutions.”

About Aria Systems

Aria is the market leader in subscription and recurring billing solutions. Since 2003, Aria has managed over one million accounts in more than 195 countries. Aria’s Billing Platform is the billing industry’s most reliable, flexible and scalable on demand tool for accelerating revenue capture while significantly reducing operating costs. Additionally, having achieved end-to-end Level 1 PCI Compliance and SAS70 Certification, Aria Systems leads the market in security and compliance. Backed by Hummer Winblad Venture Partners, Venrock Associates and Dave Labuda, Founder and former CEO of Portal Software, Aria’s team of SaaS and billing experts are part of a company that billed over 2.5 million customers for $1 billion a year in transactions. Aria Systems is headquartered in Media, PA (metropolitan Philadelphia) and has offices in the San Francisco Bay Area (San Mateo, CA). Aria Systems has been ranked as the 5th fastest growing, privately held company in the Philadelphia region by the Philadelphia 100. For more information about Aria Systems, visit http://www.AriaSystems.com or call 1-877-755-2370.

About PHASE 2 International

PHASE 2 International delivers affordable and scalable access to high-end business software applications via a Software as a Service — SaaS — model. Ideal for businesses of all sizes, and especially practical for small-to-medium-sized businesses, the hosted applications available through PHASE 2 currently include Microsoft SharePoint, Exchange, Project Server, CRM and Office Communicator along with PHASE2’s ShareMeeting and award-winning ShareCAD Pro. All of PHASE 2’s business applications are delivered across the web to enable on-demand access to corporate information whenever and wherever in the world the user happens to be. PHASE 2’s SaaS solutions provide cutting edge security, scalability for future requirements, automatic data back-up and a reliable, state-of-the-art infrastructure that removes the burden and risks of hosting solutions internally.

Media Contacts

Joy Larkin
Marketing Director
jlarkin@ariasystems.com
484-234-8000 x226
http://www.AriaSystems.com
http://twitter.com/betterbilling